Crustaceans in   South Korea

Overview In October 2024 South Korea's Crustaceans exports accounted up to $18.9M and imports accounted up to $108M, resulting in a negative trade balance of $88.8M. Between October 2023 and October 2024 the exports of South Korea's   Crustaceans have increased by $3.36M (21.7%) from $15.5M to $18.9M, while imports decreased by $-3.72M (-3.34%) from $111M to $108M.

Destinations In October 2024, Crustaceans were exported mostly to China ($6.02M), Hong Kong ($5.35M), Vietnam ($3M), Chinese Taipei ($1.58M), and Canada ($855k), and were imported mostly from Russia ($40.9M), Vietnam ($19.6M), China ($17.4M), Canada ($7.49M), and Peru ($4.34M).

Growth In October 2024, the increase in Crustaceans's year-by-year exports was explained primarily by an increase in exports to China ($4.38M or 788%), Hong Kong ($2.77M or 94.1%), and Canada ($991k or 415%). In October 2024, the decrease in Crustaceans's year-by-year imports was explained primarily by a decrease in imports from Russia ($-7.02M or -13.3%), Canada ($-5M or -48.3%), and Vietnam ($-3.34M or -16.8%).